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a man invests a total of 5000 in a bank account that yields 5% interest compound monthly. how much will it be worth after 6 year
1 answer:
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For this case we have that by definition, the slope of the line is given by:
According to the statement we have:
Substituting the values:
Thus, the value of
Answer:
Option C: is the equation that have a greater rate of change.
Explanation:
From the graph the coordinates are (0,0), (20,6), (40,12), (60,18) and (100,30)
We need to determine the rate of change.
The rate of change can be determined using the formula,
Substituting the any two coordinates in the formula, we get, the slope of the equation.
Let us substitute the coordinates (20,6) and (100,30)
Thus, we have,
Simplifying, we get,
Dividing, we get,
Also, the y - intercept of the equation is
The equation of the line becomes
Thus, the equation that has a greater rate of change is
Hence, Option C is the correct answer.